AI Crypto Scam Nets $24 Million From More Than 400 InvestorsBy Kelvin MuneneAugust 26, 20260 A federal jury convicted Brent Kovar of running a $24 million crypto Ponzi scheme through Profit Connect. Prosecutors said the company used false AI mining claims and fixed-return promises to defraud at least 400 investors.
SEC Approves End of $25,000 Minimum for Active Day Trading AccountsBy Kelvin MuneneApril 15, 20260 The SEC approved FINRA’s plan to remove the $25,000 minimum balance rule for pattern day traders and replace it with…